Question 1: What is a key advantage of using Principal Component Analysis (PCA) in risk data analysis?
Which action should you take?
Question 2: What is a key risk transfer technique in mitigating operational risks?
Which action should you take?
Question 3: When preparing a market risk report, what factor should be most emphasized in terms of volatility?
Which action should you take?
Question 4: In evaluating operational risk, what is the primary objective of scenario analysis?
Which action should you take?
Question 5: In a financial institution, what is the purpose of a compliance officer?
Which action should you take?
Question 6: In mitigating risks from high NPA ratios, what is a key action?
Which action should you take?